3-bed · 2,221 sqftShoreline - Habool, Palm Jumeirah · 5th floor · completed 2007

502, Shoreline - Habool

Sold prices and rental history: sold 3 times, last in November 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 22 November 2021
Last soldAED 2.64M22 November 2021
Current rentAED 225K /yr1 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Shoreline - Habool

What is 502 worth today?

Last sold for AED 2,640,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Nov 2021SoldReady
AED 2,640,000AED 1,188 per sqft
30 Jun 2016SoldReady
AED 2,650,000AED 1,193 per sqft
1 Dec 2015RentedRenewal
AED 225,000/yr12 months · AED 101 per sqft
1 Dec 2014RentedRenewal
AED 242,000/yr12 months · AED 109 per sqft
1 Dec 2013RentedRenewal
AED 210,000/yr12 months · AED 95 per sqft
1 Dec 2012RentedNew contract
AED 190,000/yr12 months · AED 86 per sqft
16 Jul 2009Sold by developerReady
AED 1,150,000AED 517 per sqft

Source: Dubai Land Department. Updated 22 November 2021.

Key facts

Type
3-bed apartment
Size
2,221 sqft
Floor
5th of 9
Parking
B2-67,B2-68
Developer
Nakheel
Completed
2007
Service charge
AED 37,200 /yr
Last sold
AED 2.64M · November 2021

About 502, Shoreline - Habool

502 is a three-bedroom apartment of 2,221 sqft on the 5th floor of Shoreline - Habool, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 22 November 2021 for AED 2,640,000, or AED 1,188 per sqft, 26% above the AED 944 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 1 December 2015, is AED 225,000 a year: a gross yield of 8.5% on the 2021 price, before the service charge of about AED 37,200 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical three-bed in Shoreline - Habool
1M2M3M2009201320172021Typical sale price by year: 2009 AED 1,175,000; 2010 AED 1,412,500; 2012 AED 1,512,500; 2013 AED 2,375,000; 2014 AED 1,150,000; 2016 AED 2,650,000; 2019 AED 1,550,000; 2021 AED 2,050,000; 2022 AED 2,512,500; 2023 AED 3,250,000Sold by developer, July 2009: AED 1,150,000 (AED 517 per sqft)Sold, June 2016: AED 2,650,000 (AED 1,193 per sqft)Sold, November 2021: AED 2,640,000 (AED 1,188 per sqft)

502 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 502, each contractTypical three-bed in Shoreline - Habool
100K200K300K2012201620202024Typical rent by year: 2012 AED 165,000; 2013 AED 156,250; 2014 AED 180,000; 2015 AED 179,314; 2016 AED 175,000; 2017 AED 170,002; 2018 AED 145,000; 2019 AED 136,250; 2020 AED 125,000; 2021 AED 130,000; 2022 AED 149,000; 2023 AED 187,204; 2024 AED 228,850; 2025 AED 235,000; 2026 AED 290,000New contract, December 2012: AED 190,000 a yearRenewal, December 2013: AED 210,000 a yearRenewal, December 2014: AED 242,000 a yearRenewal, December 2015: AED 225,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Shoreline - Habool, and where 502 sits

All 39 3-beds →

502 last sold in November 2021 at AED 1,188 per sqft, 26% above what three-beds in Shoreline - Habool were fetching at the time (AED 944). Over the last 12 months three-beds sold for AED 4,913,717, around AED 2,273 per sqft, and rent for AED 125,000 to 330,000 a year. 502's AED 225,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
31 Mar 20264,913,717
7 Jul 20254,500,000
21 Mar 20254,800,000
4 Jul 20243,700,000
1 3-bed sale in the last 12 months

Shoreline - Habool

Building

107 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. 5 sold in the last 12 months.

Typical price per sqft
AED 2,273
Typical sale
AED 3.65M
Typical rent
AED 175K /yr
Typical yield
4.8%
Shoreline - Habool, Palm Jumeirah: prices, sales and rents →

Other units on the 5th floor

All 107 units in Shoreline - Habool
Value
5012-bedAED 800K · Feb 2020
5033-bedAED 2.18M · Jul 2018
5041-bedAED 2.98M · Feb 2026
5052-bedAED 3.93M · Jun 2025
5062-bedAED 3M · Jan 2012
5072-bedAED 2.33M · Nov 2016
5082-bedAED 2.3M · Jun 2009
1–7 of 11

502, Shoreline - Habool in numbers

  • Sold 3 times: first on 16 July 2009 for AED 1,150,000, last on 22 November 2021 for AED 2,640,000 (AED 1,188 per sqft).
  • Rented since December 2012 on 4 Ejari contracts, from AED 190,000 to AED 225,000 a year.
  • At AED 225,000 a year the gross yield on the 2021 price is 8.5%, before a service charge of about AED 37,200 a year (AED 16.76 per sqft).
  • Three-beds in Shoreline - Habool sold for AED 4,913,717–4,913,717 in the 12 months to November 2026; the building's median across all types is AED 2,273 per sqft.

Source: Dubai Land Department. Updated 22 November 2021.

Questions about 502, Shoreline - Habool

What did unit 502 last sell for?

AED 2,640,000 on 22 November 2021: AED 1,188 per sqft for 2,221 sqft. The unit has 3 registered sales; the first was AED 1,150,000 in July 2009.

What is the rent for unit 502?

AED 225,000 a year on the contract renewed on 1 December 2015. The previous contract, from December 2014, was AED 242,000; the unit has been rented since December 2012.

How big is unit 502?

2,221 sqft (206.3 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower completed in 2007.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Habool sold for AED 4,913,717 to 4,913,717 in the last 12 months, around AED 2,273 per sqft.

Selling 502? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 502, Shoreline - Habool

Starts from the last sale price (AED 2.64M, 22 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,640,000
Deposit, UAE resident (20%)
AED 528,000
Deposit, non-resident (40%)
AED 1,056,000
Monthly over 25 years at 3.7%
AED 10,801

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →